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and doesn't help the u.s. economic recovery. but geithner said he was not prepared to label china a "currency manipulator" under u.s. law. >> tom: that reluctance was all too familiar to members of congress, and they grilled geithner with hostile questions. darren gersh reports. >> reporter: even the senators grilling the treasury secretary today admit hearings on china's overvalued currency have become something of a ritual over the years. it begins with the expression of outrage from senators like new york's charles schumer. >> at a time when the u.s. economy is trying to pick itself up off the ground, china's currency manipulation is like a boot to the throat of our recovery. and this administration refuses to try to take that boot off our neck. >> reporter: then, it's the treasury secretary's turn to share concern, to offer tougher rhetoric, and then to explain that declaring china a currency manipulator under the current law will do little more than require more consultations, as treasury secretary geithner explained today. >> wishing something does not make it so, and issuin
help us all live better. >> nationwide insurance proudly supports tavis smiley. with every question and every answer. tavis and nationwide insurance, working to improve financial literacy and the economic empowerment, " one conversation at a time. nationwide is on your side. >> and with contributions by viewers like you. thank you. thank you. [captioning made possible by kcet public television] tavis: i am sorry. yes, you can keep rolling. i am trying to introduce the coach, and i got distracted, so let me do the introduction first, and then i will come back to this ring, and i think when you see this, you will understand for the first time what i was distracted. he is a coach with in the orleans saints. just months after hurricane katrina, he knew he was getting into something much bigger than sports, and he led the saints to their first super bowl victory against the colts. it helped lift the spirits of those there. his new book is called "home team: coaching the saints and new orleans back to life," in his book is about to make its debut, as you might imagine, on "the new york ti
congratulatory. there is still a lot of work we have got to do. to make sure iraq is an effective partner with us. >> this is not yet a country of peace, and it may not be for a long time. after seven years of violence, it is a country that feels itself to be free once again. the acting prime minister, nouri al maliki, announced today that iraq was once more sovereign and independent. the point of the american involvement here, supposedly, was to liberate the iraqi people and perhaps to start a domino effect against other middle eastern dictatorships. all that really happened as a result of the invasion in the short run was saddam hussein was overthrown and the whole country was laid waste. the invasion took power away from the minority sunni moslems and gave it to the shi'a majority. >> it was essentially a disaster. the worst disaster. >> worse than saddam himself? >> definitely worse than saddam. >> the military campaign was devastating. political fallout was marred by carelessness and lack of interest. president bush, shortly before the invasion, seems not to know that iraq was split into sun
>> susie: u.s. unemployment ticked higher last month, but the total number of jobs lost was not as bad as expected. even though nearly 15 million americans are looking for work, some companies still have a hard time filling open positions. >> tom: and many americans who once had careers in the fast lane are going in a new direction, working in the non- profit world. you're watching "nightly business report" for friday, september 3. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> susie: good evening everyone. the unemployment rate now stands at 9.6%. tom, the labor department said 54,000 jobs were lost in august, facorting in census workers, but that number was lower than economists predicted. >> tom: susie, there were some encouraging signs. companies added 67,000 jobs to payrolls, the eighth straight month of job creation in the private sector. we have two stories, the specifics of th
Search Results 0 to 3 of about 4